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Bitcoin Spot ETFs Effect: Bernstein Analysts Revise BTC Target To $200,000, Here’s When

Bitcoin

Analysts at global asset management firm Bernstein have revised their former Bitcoin target to $200,000, foreseeing the influx of Spot Bitcoin ETFs inflows catalyzing this massive price surge.  Bernstein Analysts Raise Bitcoin Target To $200,000 In a note to clients, Bernstein analysts, Gautam Chhugani and Mahika Sapra predicted that Bitcoin could reach $200,000 by the…

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Bitcoin Drops Below $64,000, But Arthur Hayes Advocates ‘Buy The Dip’

Bitcoin

Bitcoin is experiencing a significant decline today, dipping below the $64,000 mark to a low of $63,564. This drop represents a 2.5% decrease in the last 24 hours and an overall 12% decline over the past two weeks. Amidst this downward trend, Arthur Hayes, the co-founder of BitMEX, is not only maintaining his bullish stance…

Bitcoin Drops Below $64,000, But Arthur Hayes Advocates ‘Buy The Dip’ Read More »

Bitcoin Crash Below $66,000 Stuns Market, Why A Drop To $54,930 Is Possible

Bitcoin

The Bitcoin price crash below $66,000 has taken the market by surprise, leading to over $90 million in liquidations in a 24-hour period. But even after dropping so much already, analysts do not believe that the worst is over. In particular, crypto analyst Ali Martinez has said that Bitcoin may still have a ways to…

Bitcoin Crash Below $66,000 Stuns Market, Why A Drop To $54,930 Is Possible Read More »

Bitcoin Analyst Claims BTC Consolidation Will Continue, Hedge Funds Throw In The Towel

Bitcoin

Bitcoin is trending lower at spot rates, sliding away from all-time highs. Looking at the performance in the daily chart, it looks like bears are stepping up, following the general inactivity in an overwhelmingly bearish trend. When writing, the coin is down 10% from March 2024 highs but steady. Will Bitcoin Consolidate For Two More…

Bitcoin Analyst Claims BTC Consolidation Will Continue, Hedge Funds Throw In The Towel Read More »

MicroStrategy Buys Additional 11,930 BTC, Fibonacci Analysis Hints At $160K Bitcoin Price Peak

Bitcoin News

Bitcoin (BTC), the leading cryptocurrency, has regained momentum, bouncing off a weekly low of $64,000 to find support above $65,000, halting last week’s downtrend. This price recovery may be due to another significant investment round by business intelligence company MicroStrategy, led by Bitcoin bull Michael Saylor.  The company announced on Thursday the acquisition of an…

MicroStrategy Buys Additional 11,930 BTC, Fibonacci Analysis Hints At $160K Bitcoin Price Peak Read More »

It’s ‘Do Or Die’ For Bitcoin Price Soon, Says Analyst

Bitcoin

Josh Olszewicz, a renowned crypto analyst, has recently shared critical insights into the immediate Bitcoin price future, employing two technical analysis frameworks: the Ichimoku Cloud and Bollinger Bands. These tools hint at pivotal moments that could shape the trajectory of the Bitcoin price in the near to medium term. Bitcoin Analysis Using The Ichimoku Cloud…

It’s ‘Do Or Die’ For Bitcoin Price Soon, Says Analyst Read More »

Bitcoin Month-Long Rally Comes To An End: Price Plunges Below $65,000 – What’s Next For BTC?

Bitcoin News

Bitcoin (BTC), the largest cryptocurrency by market capitalization, experienced a significant decline on Tuesday, echoing the broader downtrend in the cryptocurrency market. Fueled by worries about the global economy and reduced summer liquidity, Bitcoin dropped below the $65,000 mark for the first time since May 16.  Notably, Ethereum (ETH) also faced a 4% loss, trading…

Bitcoin Month-Long Rally Comes To An End: Price Plunges Below $65,000 – What’s Next For BTC? Read More »

Bitcoin Price Drops Below Critical Support Level Following Rejection At $70,000

Bitcoin

Bitcoin recently dropped $70,000 price level successfully. Based on crypto analyst Josh’s analysis, the flagship crypto needs to climb above this critical support level soon enough or risk flipping into a bearish trend.  Bitcoin Needs To Climb Above $68,000 Josh mentioned in a $67,000 and $68,000 is now an area of strong resistance and one…

Bitcoin Price Drops Below Critical Support Level Following Rejection At $70,000 Read More »

Bitcoin, Solana Suffer As Institutional Investors Pull $600 Million Out Of Crypto Funds

Bitcoin

Crypto funds witnessed outflows last week after recording five weeks of consecutive inflows. According to drop in the price of Bitcoin throughout the week and a more hawkish-than-expected Federal Open Market Committee (FOMC) meeting held during the week. Crypto Funds Bleed Largest Since March, With Bitcoin In The Lead Crypto funds witnessed outflows of $600…

Bitcoin, Solana Suffer As Institutional Investors Pull $600 Million Out Of Crypto Funds Read More »

Bitcoin Price Faces Crucial Test: Here’s What At Stake This Week

Bitcoin

As Bitcoin enters a pivotal week, market participants are closely monitoring several key indicators and events that could determine its near-term trajectory. Renowned crypto analyst Ted (@tedtalksmacro) has provided an in-depth analysis, highlighting the critical factors at play. Weekly Bitcoin Preview Ted’s analysis begins by contextualizing the broader macroeconomic environment. Last week’s US Consumer Price…

Bitcoin Price Faces Crucial Test: Here’s What At Stake This Week Read More »

Bernstein Analysts Revise Bitcoin Target, $200,000 And $1 Million Become Main Focus

Bitcoin

Bernstein analysts Gautam Chhugani and Mahika Sapra recently revised their price targets for Bitcoin in their latest market report, which also initiated coverage on MicroStrategy. These analysts also outlined factors that they believe could contribute to BTC’s exponential price surge.  Bitcoin To Hit $200,000 And Then $1 Million Chhugani and Sapra predicted in the report…

Bernstein Analysts Revise Bitcoin Target, $200,000 And $1 Million Become Main Focus Read More »

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